#Infrastructure
Government merges AP I and AP II into Angkasa Pura Indonesia
The government has merged the two state-run airport operators Angkasa Pura I (AP I) and Angkasa Pura II (AP II) into a new sub-holding company, PT Angkasa Pura Indonesia, according to a statement released on Thursday.
Lack of investment interest in President Joko Widodo's Nusantara capital project raises criticism and gained much spotlight
The $30 billion legacy initiative in East Kalimantan faces uncertainty due to the revelation that several foreign investment commitments have not materialized, sparking speculation about overseas skepticism.
Prabowo-Gibran to Establish 10 Innovation Cities, Including Integration with the National Capital (IKN)
Presidential and vice-presidential candidate Prabowo Subianto and Gibran Rakabuming Raka have outlined their vision to construct 10 innovation cities across Indonesia if they emerge victorious in the 2024 Presidential Election.
Foreign investors are set to commence the groundbreaking ceremony at the Indonesia Morowali Industrial Park in early 2024
The Capital City Authority (OIKN) revealed that the first foreign investors in the Nusantara Capital City (IKN) are expected to commence the project's construction or groundbreaking in early 2024.
Patimban port construction to be completed in 2029
The Patimban Port, located in West Java, is one of the National Strategic Projects (PSN). With a total investment value of IDR 40 trillion, the entire development of the port is targeted to be completed by 2029.
DP World partners with Pelindo for US$ 400 million investment in BNCT drives economic growth in Indonesia
Dubai Port World, a port operator company from the United Arab Emirates (UAE) is collaborating with PT Pelindo (Persero) in the field of investment and operation of a new container terminal in Belawan New Container Terminal (BNCT), North Sumatra worth US$ 400 million.
ST Telemedia and Temasek launched first data center in West Java
PT ST Telemedia Global Data Centres Indonesia (PT STT GDC Indonesia) has launched its first data center, STT Jakarta 1, in Bekasi, West Java.
UAE’s Masdar explores renewable energy project in IKN
Abu Dhabi-based clean energy company Masdar is currently exploring a renewable energy project in Nusantara capital city (IKN). The company has made it clear by sending a team to IKN.
Striking the balance: Criticism of government incentives for the IKN project
The pursuit of the new capital city project in East Kalimantan, also known as the IKN project, has been met with caution by a public policy observer from Trisakti University Trubus Rahadiansyah.
Energy Ministry calls for continuation of bauxite smelter project despite export ban
The Energy and Mineral Resources (ESDM) Ministry has urged bauxite producers to continue building smelters, despite the commodity has become the subject of an export ban, which took effect on June 10, 2023.
Government approves an extra IDR 15 trillion budget to boost IKN development
The House of Representatives’ Budget Agency has given its approval for an extra IDR 15 trillion (US$1.01 billion) for the Nusantara Capital City (IKN) development.
Pertamina secures US$7.2 billion funding for Balikpapan refinery project
PT Pertamina has successfully secured a substantial funding of US$7.2 billion to support the Balikpapan Refinery Development Master Plan (RDMP) project.